09:16 02 May 2013
Fishermen may be dipping into their savings accounts more this year than in previous years. A substantial decrease in the number of salmon will result in difficulties for fishermen, and also foretells of even leaner years in the future since fewer fish will return to spawn in the following years. Since some of these fishermen may use this as a primary source of income, this might be a very difficult financial year.
Here’s what to know about savings accounts to help get you through this year:
Since next year may be even more difficult for fishermen, it would be advisable to set aside as much as possible in savings accounts of various kinds to ensure that you’ll be well prepared for further difficulties with the salmon population in years to come.
It’s important to compare interest rates when setting up accounts to get the highest rate of return and if possible deposit up to the annual cap in your Individual Savings Accounts. Combining a few different savings accounts can be a beneficial way to make use of as many returns on your investment as possible.
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